China revises Q3 capital account deficit data
Updated: 2012-12-27 09:47
(Xinhua)
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BEIJING - China's foreign exchange regulator has revised capital and financial account deficit data for the third quarter to $51.7 billion from the previous $71 billion.
The current account surplus in the third quarter was revised to $70.8 billion from the previous $70.6 billion, according to the State Administration of Foreign Exchange.
Commodity trade registered a surplus of $102.9 billion, while service trade saw a deficit of $29.7 billion.
The net inflow of foreign direct investment was $38.5 billion. Excluding the effect of changes in exchange rates and asset prices, the country's international reserve assets shed $400 million in the third quarter.
In the first three quarters, China's current account surplus was $148 billion, while the capital and financial account deficit was $36.8 billion. International reserve assets added $62.4 billion.
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